All language subtitles for 3. Starting an Ebay Dropshipping Business With $0

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:01,890 --> 00:00:02,320 All right. 2 00:00:02,350 --> 00:00:04,860 Let's talk about the cost of starting the business. 3 00:00:04,870 --> 00:00:06,530 I get this question very often. 4 00:00:06,550 --> 00:00:09,730 Is it possible for you to start this business with your dollars. 5 00:00:09,730 --> 00:00:11,520 The answer is yes to be honest. 6 00:00:11,530 --> 00:00:14,430 I actually started this business with only zero dollars. 7 00:00:14,440 --> 00:00:20,410 I did not use any tools or software to do this business but of course I will recommend you to use the 8 00:00:20,410 --> 00:00:24,970 tools eventually as you will help to scale your business faster and you'll make your life much more 9 00:00:24,970 --> 00:00:25,360 easier. 10 00:00:25,390 --> 00:00:30,490 So if you would like to use the tools we shall recommend later in the course your cost you roughly about 11 00:00:30,490 --> 00:00:36,900 50 dollars per month which is a in all our money the resource starting at eBay joshing is very low. 12 00:00:38,930 --> 00:00:44,070 So these are the things that you actually need to start this business without any capital. 13 00:00:44,150 --> 00:00:49,360 The first one you'll need is actually a credit cut while you need a credit card is because of that you 14 00:00:49,360 --> 00:00:51,190 need to pay the goods upfront. 15 00:00:51,530 --> 00:00:57,350 But of course you can use a debit card but you definitely do that your bank account balance. 16 00:00:57,430 --> 00:01:03,860 So there's some capital involved in a way that you need to pay that goes up. 17 00:01:04,540 --> 00:01:11,470 So I'll recommend you to actually get a credit card and using a credit card you get more rewards such 18 00:01:11,470 --> 00:01:18,520 as cash back and mouse which can actually help to offset your currency fees if you are international 19 00:01:18,530 --> 00:01:19,300 sounding like me. 20 00:01:19,360 --> 00:01:26,080 I will if you can get any access to a credit card then you will have to either use a debit card or you 21 00:01:26,080 --> 00:01:32,740 get what we supply that allow paypal payments which I will talk more in the later module suppliers such 22 00:01:32,740 --> 00:01:39,350 as Amazon doesn't allow paypal payments but there are a few suppliers that allow people big money. 23 00:01:39,520 --> 00:01:44,530 So the next thing you need is an eBay account which is free to create you will need and was on a call 24 00:01:45,040 --> 00:01:46,650 you need a paypal account. 25 00:01:46,660 --> 00:01:47,830 You should also free to create. 26 00:01:47,830 --> 00:01:50,970 And lastly what you need is time. 27 00:01:51,010 --> 00:01:56,620 If you are not going to use any software and of course you would ever need to put in some time to monitor 28 00:01:56,620 --> 00:02:03,370 the stocks that price US and also manually looking for items to release. 29 00:02:03,580 --> 00:02:06,210 So you can I'll recommend you to use the tools. 30 00:02:06,220 --> 00:02:10,330 We shall talk about what these costs will actually help you to save a lot time. 3217

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